What are your PARENTS saying? What solutions are they offering?
Did your parent(s) lose their job? What changed during frosh year so there wasn't money for soph year? I don't understand why the school either didn't offer more money for an income change or a gap year wasn't requested to sort things out. and why couldn't your parents co-sign or do a Plus loan?
Was this a situation where you didn't apply for FA your frosh year to get an admissions edge, and later found out that you couldn't apply for aid for later years? Something isn't right?
Again, I really hope other students are reading this thread. This is likely a student who had very good stats (got into a very good LAC), family funding changed, and then, wham-o.....desperation led to some very risky decisions when "taking a breather" and thinking things thru probably would have had a more positive result.
I know that some of us are scratching our heads about even turning to relatives to co-sign loans. Many of us would never dream of asking aunts, uncles, cousins, or even parents or grands to co-sign because it's too risky for them, but I know that other cultures do seem to think that's ok.